Hermit Street - LN5 8EG
Key Postcode Insights
LN5 8EG is a residential postcode situated on Hermit Street, Lincoln, LN5 with 68 addresses.
It ranks as the 897th largest and 10th most expensive of the 911 postcodes in the LN5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 68 properties: 68 flats.
- Ave. Sale Price
- £81,320
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £585pcm
- 10 Year change
- up 31.2%
- Ave. £ per ft²
- £158/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
LN5 8EG is a residential postcode situated on Hermit Street, Lincoln, LN5 with 68 addresses.
It ranks as the 897th largest and 10th most expensive of the 911 postcodes in the LN5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 68 properties: 68 flats.
- Ave. Sale Price
- £81,320
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £585pcm
- 10 Year change
- up 31.2%
- Ave. £ per ft²
- £158/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin LN5 8EG
- 2 Hermit Street
Flat
- 4 Hermit Street
Flat
- 6 Hermit Street
Flat
- 8 Hermit Street
2 Bed Mid-century Flat
- 10 Hermit Street
Flat
Sales Market Trends
The last sale in LN5 8EG sold for £80,000 on 11th October 2024. Since then prices are up an average of 10.4%.
The current average value in the postcode is £81,320.
The LN5 8EG Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £81,320 |
| June 2025 | 3.1% | £82,359 |
| June 2024 | -0.9% | £79,901 |
| June 2023 | -0.3% | £80,656 |
| June 2022 | 6.4% | £80,923 |
| June 2021 | 6.1% | £76,084 |
| June 2020 | 1.7% | £71,698 |
| June 2019 | 3.1% | £70,493 |
| June 2018 | 2.3% | £68,401 |
| June 2017 | 2.7% | £66,881 |
| June 2016 | 3% | £65,144 |
| June 2015 | 2.6% | £63,260 |
| June 2014 | 6% | £61,654 |
| June 2013 | 1.9% | £58,175 |
| June 2012 | -1.1% | £57,079 |
| June 2011 | -1.2% | £57,736 |
| June 2010 | 1% | £58,466 |
| June 2009 | -10.8% | £57,907 |
| June 2008 | -1.1% | £64,897 |
| June 2007 | 0% | £65,641 |
Rental Market Trends
The current average rental value in the postcode is £585.
The LN5 8EG Rental Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £585pcm |
| June 2025 | -2.5% | £561pcm |
| June 2024 | 9.4% | £575pcm |
| June 2023 | 8.2% | £526pcm |
| June 2022 | 2.7% | £486pcm |
| June 2021 | 1.5% | £473pcm |
| June 2020 | 0.7% | £466pcm |
| June 2019 | 3.4% | £463pcm |
| June 2018 | -0.3% | £447pcm |
| June 2017 | 0.6% | £449pcm |
| June 2016 | 2.3% | £446pcm |
| June 2015 | 1.5% | £436pcm |
| June 2014 | 3% | £429pcm |
| June 2013 | 0.8% | £417pcm |
| June 2012 | 1.6% | £414pcm |
| June 2011 | 1.6% | £407pcm |
| June 2010 | -2.4% | £401pcm |
| June 2009 | -7% | £411pcm |
| June 2008 | 2.7% | £442pcm |
| June 2007 | 0% | £430pcm |
Sales History
The last sale was on 11th October 2024 for £80,000 and since then the market in the area has increased by 10.4%. The postcode has had a total of 10 sales since 1995.
LN5 8EG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£80,000 | 2 Bed Flat134, Hermit Street, Lincoln, LN5 8EG134, Hermit Street, Lincoln, LN5 8EG
- Sold Jan 2021£76,995 | 2 Bed Flat50, Hermit Street, Lincoln, LN5 8EG50, Hermit Street, Lincoln, LN5 8EG
- Sold May 2016£61,000 | 2 Bed Flat48, Hermit Street, Lincoln, LN5 8EG48, Hermit Street, Lincoln, LN5 8EG
- Sold Mar 2016£53,000 | 2 Bed Flat116, Hermit Street, Lincoln, LN5 8EG116, Hermit Street, Lincoln, LN5 8EG
- Sold May 2008£79,950 | 2 Bed Flat48, Hermit Street, Lincoln, LN5 8EG48, Hermit Street, Lincoln, LN5 8EG
Nearby Postcodes
LN5 8EG is the 897th largest and the 10th most expensive postcode out of the 911 postcodes in the LN5 area.
- LN5 8FD, Hermit Mews, Lincoln, LN5LN5 8FD10 Addresses|36 m away
- LN5 8EF, Hermit Street, Lincoln, LN5LN5 8EF62 Addresses|43 m away
- LN5 7JZ, Portland Street, Lincoln, LN5LN5 7JZ66 Addresses|71 m away
- LN5 7RZ, Monson Street, Lincoln, LN5LN5 7RZ23 Addresses|72 m away
- LN5 7RH, Monson Street, Lincoln, LN5LN5 7RH14 Addresses|95 m away
Property Types
- 50 mid-century flats built between 1936 and 1979
- 18 other addresses of unknown type
- mid-century flat (50)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 50 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (39)
- G (0)
- D (9)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Jun 2009£120,000 | 1 Bed Flat1C, Hermit Street, Lincoln, LN5 8EF1C, Hermit Street, Lincoln, LN5 8EF
- Sold Jul 2009£120,000 | 2 Bed Flat1A, Hermit Street, Lincoln, LN5 8EF1A, Hermit Street, Lincoln, LN5 8EF
- Sold Jan 2008£101,000 | 2 Bed Flat1A, Hermit Street, Lincoln, LN5 8EF1A, Hermit Street, Lincoln, LN5 8EF
Schools Nearby
- The Lincoln St Peter at Gowts Church of England Primary School300 m away
- The Lincoln Bishop King Church of England Primary School500 m away
- Sir Francis Hill Community Primary School1.3 km away
- Lincoln UTC1.1 km away
- The Priory Academy LSST1.7 km away
- St Peter and St Paul, Catholic Voluntary Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to LN5 8EG is Lincoln station, which is 300 metres away.
- Lincoln|300 m away
- Hykeham|4.9 km away
- Saxilby|9.5 km away
- Swinderby|12.3 km away
